MARY GREELEY MEDICAL CENTER FOUNDATION

EIN: 237064009 501(c)(3) Health Care

AMES, IA

Total Revenue
$5,265,973
Total Expenses
$3,285,081
Total Assets
$19,514,483
Net Assets
$18,935,543
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IA
Principal Officer
MELISSA MCGARRY
Phone
5152392147
Tax Period
2024-07-01 to 2025-06-30

MARY GREELEY MEDICAL CENTER FOUNDATION, founded in 1969, is a community nonprofit in the Health Care sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 38% operating margin.

Mission

THE MARY GREELEY MEDICAL CENTER FOUNDATION IS THE PREFERRED CHANNEL OF GIVING TO MARY GREELEY MEDICAL CENTER (MEDICAL CENTER). THE MARY GREELEY MEDICAL CENTER FOUNDATION SUPPORTS THE MISSION OF THE MEDICAL CENTER THROUGH PHILANTHROPY AND ENGAGEMENT. DONORS CAN BE CONFIDENT THAT THEIR GIFTS WILL DIRECTLY BENEFIT THE PROGRAMS AND SERVICES OF THE MEDICAL CENTER, THE PATIENTS AND FAMILIES SERVED BY THE MEDICAL CENTER, AND THE MEDICAL CENTER STAFF.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,030,764
Program Service Revenue $0
Investment Income $3,258,407
Other Revenue $-23,198
TOTAL REVENUE $5,265,973

Expense Breakdown

Grants Paid $2,777,287
Salaries & Benefits $396,200
Fundraising Expenses $302,466
Program Expenses $2,777,287
Other Expenses $111,594
TOTAL EXPENSES $3,285,081

Year-over-Year Comparison

2024 2023 Change
Revenue $5,265,973 $2,951,403 +0.8%
Expenses $3,285,081 $2,828,849 +0.2%
Net Income $1,980,892 $122,554 +15.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$237,807
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER BUCK BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN DIETER MGMC PRESIDENT & CEO 1.00
Director
$0 $0 $0
AL HERMANSON BOARD MEMBER 1.00
Director
$0 $0 $0
LYMAN HOPKINS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE HUNZIKER BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY L IAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JANE L JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
ALECIA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
NEAL T LOES BOARD MEMBER 1.00
Director
$0 $0 $0
KENNETH MCCUSKEY MGMC CHAIR 1.00
Director
$0 $0 $0
ANN M MURRAY SECRETARY 1.00
Officer Director
$0 $0 $0
JENN PLAGMAN-GALVIN BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA M ROWAN CHAIR 1.00
Officer Director
$0 $0 $0
AMY A SCHMIDT VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHAD STONE TREASURER 1.00
Officer Director
$0 $0 $0
MELISSA MCGARRY EXECUTIVE DIRECTOR 30.00
Officer
$192,011 $45,796 $237,807
GARY BOTINE MGMC VICE PRESIDENT & CFO 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,265,973 $3,285,081 $19,514,483 $1,980,892
2024 $2,951,403 $2,828,849 $18,307,074 $122,554
2023 $3,281,624 $2,470,129 $16,933,582 $811,495
2022 $2,858,206 $3,150,755 $15,579,768 $-292,549
2021 $2,728,477 $1,995,288 $18,967,302 $733,189
2020 $3,825,964 $1,832,752 $14,807,481 $1,993,212
2019 $2,043,654 $1,721,027 $14,607,395 $322,627
2018 $2,012,618 $1,596,066 $13,848,692 $416,552
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MARY GREELEY MEDICAL CENTER FOUNDATION with other nonprofits in Iowa and across the country.